Official Receiver


Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia, Wikipedia.

Official Receiver

the official in the Insolvency Service and an Officer of Court who acts as interim receiver and manager of the estate of the debtor and presides at the first meeting of creditors. In a company winding up he often becomes provisional liquidator when a winding-up order is made.
References in periodicals archive ?
All public enquiries concerning the affairs of the bankrupt should be made to: The Official Receiver, Level One Apex Court City Link Nottingham NG2 4LA Tel: 0115 852 5000.
You will then be contacted by the Official Receiver's office.
class="MsoNormalThe Official Receiver or bankruptcy trustee can also get a warrant from court to search houses or other premises if they are believed to contain evidence that an individual declared bankrupt is concealing assets.
The Official Receiver said: "Jobcentre Plus' Rapid Response Service stands ready to support any of these employees by providing advice and information."
Green said the UK's government would provide the funding required by the official receiver to "maintain the public services carried on by Carillion staff, subcontractors, and suppliers".
We understand that HM Government will be providing the necessary funding required by the Official Receiver to maintain the public services carried on by Carillion staff, subcontractors and suppliers."
The Official Receiver, Ken Beasley, said: "SSI was placed into liquidation with substantial debts and had no funds available to purchase the coal needed to keep the coking ovens operational.
Redcar Labour MP Anna Turley said: "The official receiver was never interested in listening to any deals or any other options to keep it going."
Redcar MP Anna Turley (Labour) said: "I am totally shocked and devastated by today's news from the official receiver. I cannot believe the Government has allowed 170 years of steelmaking to fade away with no fight, no determination and no understanding of what this means to our area, to people's livelihoods and to the British economy.
The Official Receiver began keeping records in 1988; incidentally, in that year, just 20 companies were wound down.
Matthew Stone, a senior examiner in the Official Receiver's public interest unit at the Insolvency Service, said, 'All of the land banking companies that we dealt with, have brought misery and in some instances, tragedy, to unsuspecting members of the public, who were persuaded to part with their savings in exchange for virtually worthless plots of land.
The number of applications filed for registrations of new companies rose for the sixth consecutive month in June, on an annual basis, figures released by the Department of Registrar of Companies and Official Receiver show.